Options traders see a 15% swing. Will CoreWeave's stock close higher on Aug 12 after Tuesday's earnings?
100% of users predicted NO — the community missed this one. 1 predictions cast.
CoreWeave reported second-quarter 2026 results after market close on Tuesday, August 11, posting revenue of $2.58 billion, up 112% from a year earlier, with a narrower-than-expected adjusted per-share loss of $1.03 versus a forecast $1.20 loss. The company raised its full-year 2026 revenue guidance to a range of $12.4 billion to $13.2 billion and reported a revenue backlog exceeding $100 billion.
Shares surged in after-hours trading following the report and continued climbing through the next session, closing up roughly 19-22% on Wednesday, August 12. The rally was driven by the earnings and revenue beat, the raised guidance, and news of expanded customer commitments, including additional capacity pledges from Meta and a multi-year agreement with Anthropic.
The community's forecast of 0% "yes" was wrong: traders had priced in a roughly 15% potential swing ahead of earnings but positioned for a decline, whereas the stock in fact closed sharply higher, resolving the question true.